Exchange rate determination establishes the conversion rate for the Russian rouble into Indian currency under Customs law. Central Government determines the rate of exchange for conversion of one Russian rouble into Indian currency and vice versa, fixing the rate at Rupees 29.9364, effective from 10th July 1991, under the relevant provision of the Customs Act and superseding the earlier notification.
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Exchange rate determination establishes the conversion rate for the Russian rouble into Indian currency under Customs law.
Central Government determines the rate of exchange for conversion of one Russian rouble into Indian currency and vice versa, fixing the rate at Rupees 29.9364, effective from 10th July 1991, under the relevant provision of the Customs Act and superseding the earlier notification.
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